The parliament approved a bill on 11 September 2015 including changes the transfer pricing rules regarding transactions between related parties. According to the bill a taxpayer that is part of a multinational corporate group with annual income or expenses of at least €20 million to prepare and deliver a master file and local file report containing standardized information relevant to all group members. New rules would Increase the threshold for determining capital relationship between two entities from 5% to 25%. It is expected that the provisions on transfer pricing reporting obligations will come into effect on 1 January 2017.